Spread before costs (cost unknown: a leg has no order-book sample)−0.131%
7d average−0.115%if it closes, per $10,000$13funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BRENTOIL-USD | 96.087 | 0.0050 | pay 0.0006% / 1h | 54m 28s | $1.5M | $550K | 20x |
| Short | Variational Omni BZ | 95.961 | 0 | get 0.0000% / 4h | 1h 54m | $9.5M | $12.3M | — |
Polymarket Perps BRENTOIL-USD
Variational Omni BZPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$13.09
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$22.59
- Spread needed to break even
- 0.080%
Slippage unknown: Polymarket Perps: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 5 min ago | 2.50 bp | 7.3 bp −$7 | 7.4 bp −$74 | 21.8 bp −$2,182 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.63 bp | doesn't fit | 5.0 bp −$50 | 16.9 bp −$1,690 | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.Injective86.379cheapest
HTX95.880+10.999%edgeX95.925+11.051%KuCoin95.950+11.080%Coinbase International95.950+11.080%
Injective
HTX
KuCoin
Coinbase InternationalVariational Omni95.961+11.093%
BloFin95.970+11.103%Aftermath Perps95.980+11.115%ApeX Omni95.990+11.127%Gate96.000+11.138%Ondo Perps96.010+11.150%GMX96.015+11.155%Bybit96.020+11.161%OKX96.020+11.161%Aster96.040+11.184%Binance96.040+11.184%Bitget96.040+11.184%SunX96.040+11.184%Deribit96.050+11.196%RISEx96.051+11.197%Kraken Futures96.054+11.200%Paradex96.057+11.204%Lighter96.070+11.219%Extended96.077+11.228%tradeXYZ96.086+11.238%
BloFin
ApeX Omni
Gate
Ondo Perps
GMX
Bybit
OKX
Aster
Binance
Bitget
SunX
Deribit
RISEx
Kraken Futures
Paradex
Lighter
Extended
tradeXYZPolymarket Perps96.087+11.239%
Hotstuff96.090+11.242%Phemex96.140+11.300%gTrade (Gains Network)96.769+12.028%Vest100.09+15.873%
Hotstuff
Phemex
gTrade (Gains Network)
VestBZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −10.103% | −0.0220% | 1h | $9K | $4K | 30x | as long as short |
| HTX BRENTOIL-USDT | −0.215% | 0.0000% | 4h | $283K | $162K | 75x | as long as short |
| edgeX BZUSDC | −0.169% | +0.0008% | 4h | $219K | $234K | 20x | as long as short |
| KuCoin BZUSDTM | −0.143% | +0.0100% | 4h | $3.8M | $939K | 50x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.143% | −0.0040% | 1h | $231K | $855K | 15x | as long as short |
| Variational Omni BZshort | −0.131% | 0.0000% | 4h | $9.5M | $12.3M | — | |
| BloFin BZ-USDT | −0.122% | −0.0059% | 4h | $1.5M | $82K | 50x | as long as short |
| Aftermath Perps BRENTUSD | −0.112% | +0.0052% | 1h | $6K | $49K | 5x | as long as short |
| ApeX Omni BZUSDT | −0.101% | +0.0100% | 1h | $25K | $271K | 50x | as long as short |
| Gate BZ_USDT | −0.091% | 0.0000% | 8h | $9.2M | $18.5M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BRENT-USD.P | −0.080% | +0.0050% | 1h | $3.0M | $1.0M | 15x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | −0.075% | L +0.0015% / S +0.0046% | 1h | $35K | — | 111x | as long as short |
| Bybit BZUSDT | −0.070% | 0.0000% | 8h | $10.5M | $16.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | −0.070% | 0.0000% | 4h | $15.9M | $29.9M | 50x | as long as short |
| Aster BZUSDT | −0.049% | 0.0000% | 4h | $333K | $1.6M | 50x | as long as short |
| Binance BZUSDT | −0.049% | 0.0000% | 4h | $144.1M | $460.4M | 100x | as long as short |
| Bitget BZUSDT | −0.049% | 0.0000% | 4h | $27.7M | $22.8M | 100x | as long as short |
| SunX BRENTOIL-USDT | −0.049% | 0.0000% | 4h | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.039% | −0.0166% | 1h | $103K | $280K | 15x | as long as short |
| RISEx BZ/USDC | −0.038% | 0.0000% | 1h | $2.1M | $1.2M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.035% | +0.0085% | 1h | $82K | $302K | 20x | as long as short |
| Paradex BZ-USD-PERP | −0.032% | +0.0048% | 8h | $3K | $473 | 5x | as long as short |
| Lighter BRENTOIL | −0.018% | +0.0032% | 1h | $3.2M | $4.1M | 20x | as long as short |
| Extended XBR-USD | −0.010% | +0.0032% | 1h | $678K | $5.2M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.001% | +0.0050% | 1h | $148.4M | $141.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USDlong | 0.000% | +0.0050% | 1h | $1.5M | $550K | 20x | |
| Hotstuff BRENTOIL-PERP | +0.003% | +0.0096% | 1h | $33K | — | 20x | as long as short |
| Phemex XBRUSDT | +0.055% | 0.0000% | 4h | $1.2M | $101K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | +0.710% | L +0.0011% / S −0.0011% | 1h | — | — | — | as long as short |
| Vest BZ-PERP | +4.166% | +0.0046% | 1h | — | $617K | 10x | as long as short |